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Fly News Breaks for July 5, 2019
FIS
Jul 5, 2019 | 07:02 EDT
Barclays analyst Manav Patnaik raised his price target for FIS to $370 from $340 citing his sum-of-the-parts valuation. The analyst puts $280 per share value to Scores and $90 value to the company's Software business. He keeps an Overweight rating on FIS.
News For FIS From the Last 2 Days
FIS
Mar 26, 2024 | 08:09 EDT
Evercore ISI analyst David Togut raised the firm's price target on FIS to $62 from $58 and keeps an In Line rating on the shares. February U.S. payment volume growth accelerated following a soft January, with commentary from Visa (V) pointing to quarter-to-date U.S. payment volume growth through February 21 in line with the Q4 rate of 5%, the analyst tells investors. Overall, calendar Q1 data points reflect a U.S. soft-landing scenario, supporting continued, stable payment volume growth, and creating a favorable set up for most of the payment companies the firm covers, the analyst added in a Q1 preview note for the payments, processors and IT services group.